Introduced with the Asset Recycling Fund Bill 2014, the bill makes consequential amendments to the

COAG Reform Fund Act 2008

,

DisabilityCare Australia Fund Act 2013

,

Future Fund Act 2006

and

Nation-building Funds Act 2008

to: enable grants to the states and territories through the COAG Reform Fund; extend the Future Fund Board’s duties to manage the Asset Recycling Fund (ARF); and allow for amounts to be transferred between the ARF and Future Fund.

Introduced with the Asset Recycling Fund (Consequential Amendments) Bill 2014, the bill establishes the Asset Recycling Fund to: enable grants of financial assistance to be made to the states and territories for expenditure incurred under the National Partnership Agreements on Asset Recycling and Land Transport Infrastructure Projects; make infrastructure national partnership grants; and enable the making of infrastructure payments.

Introduced with the Business Services Wage Assessment Tool Payment Scheme (Consequential Amendments) Bill 2014, the bill responds to the Federal Court’s decision in

Nojin v Commonwealth of Australia

[2012] FCAFC 192 by establishing a payment scheme for supported employees with intellectual impairment in Australian Disability Enterprises who previously had their wages assessed under the Business Services Wage Assessment Tool.

in relation to the Pharmaceutical Benefits Scheme and the Repatriation Pharmaceutical Benefits Scheme by: increasing the concessional patient co-payment by 80 cents from 1 January 2015; increasing the general patient co-payment by $5.00 from 1 January 2015; increasing the concessional safety net threshold by two prescriptions each year for four years, from 2015 to 2018; and increasing the general patient safety net threshold by 10 per cent each year for four years, from 2015 to 2018.